Evergreen Capital Management LLC raised its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 22.2% during the third quarter, HoldingsChannel reports. The fund owned 41,674 shares of the electric vehicle producer’s stock after acquiring an additional 7,563 shares during the quarter. Evergreen Capital Management LLC’s holdings in Tesla were worth $18,533,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Relyea Zuckerberg Hanson LLC boosted its position in shares of Tesla by 0.4% during the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock valued at $2,916,000 after buying an additional 23 shares during the period. Equita Financial Network Inc. lifted its stake in shares of Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after acquiring an additional 23 shares during the last quarter. VanderPol Investments L.L.C. boosted its holdings in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock valued at $464,000 after acquiring an additional 23 shares during the period. Pinnacle Bancorp Inc. grew its position in Tesla by 4.1% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 609 shares of the electric vehicle producer’s stock valued at $271,000 after acquiring an additional 24 shares during the last quarter. Finally, Chesley Taft & Associates LLC increased its stake in Tesla by 0.8% in the third quarter. Chesley Taft & Associates LLC now owns 3,118 shares of the electric vehicle producer’s stock worth $1,387,000 after purchasing an additional 25 shares during the period. Institutional investors own 66.20% of the company’s stock.
Tesla Trading Down 0.2%
TSLA opened at $437.50 on Tuesday. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.46 trillion, a price-to-earnings ratio of 291.67, a PEG ratio of 7.44 and a beta of 1.83. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The stock has a fifty day moving average price of $443.36 and a 200-day moving average price of $400.89.
Analyst Ratings Changes
TSLA has been the topic of a number of research analyst reports. Dbs Bank upgraded shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. Morgan Stanley set a $425.00 target price on shares of Tesla and gave the stock an “equal weight” rating in a research note on Sunday, December 7th. Roth Capital set a $505.00 price target on shares of Tesla and gave the company a “buy” rating in a research note on Thursday, October 23rd. Royal Bank Of Canada reissued a “buy” rating and issued a $500.00 price objective on shares of Tesla in a research note on Friday, January 2nd. Finally, Evercore ISI lifted their target price on Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $410.20.
Get Our Latest Analysis on TSLA
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla is restarting its Dojo 3 supercomputer effort after progress on its in‑house AI5 chip, a move that supports Tesla’s autonomy and robotaxi roadmap and could improve long‑term software monetization prospects. Tesla to Resume Dojo3 After Progress on AI5 Chip Design
- Positive Sentiment: Regulators in Canada sharply cut tariffs on Chinese‑made EVs and opened an import quota—Tesla is seen as an early beneficiary because of its Shanghai production history and existing Canadian retail network, which could boost near‑term volume and pricing in Canada. Tesla poised to be early winner as Canada opens door to Chinese‑made EVs
- Positive Sentiment: Public endorsements from influential bulls (e.g., Cathie Wood) continue to highlight Tesla’s shift from pure auto OEM to robotaxi/AI player, supporting a narrative of optionality beyond vehicle margins. ‘No Longer Just an Auto Company,’ Cathie Wood Says of Tesla (TSLA)
- Neutral Sentiment: Short‑term analyst forecasts and price‑target roundups are circulating ahead of Tesla’s Jan. 28 earnings call; investors are focused on guidance for deliveries, margins, and Dojo/robotaxi progress. Research Analysts Issue Forecasts for Tesla FY2027 Earnings
- Neutral Sentiment: A Cybercab prototype sighting in Chicago appears to confirm features Tesla owners have been requesting—positive for product validation but not yet revenue material. Cybercab Sighting Seems to Confirm a Feature Tesla Owners Have Been Requesting for Years
- Negative Sentiment: Competitive pressure from BYD and other Chinese automakers remains acute—BYD outpaced Tesla in global sales in 2025, highlighting market share risk and pricing pressure in key regions. Tesla vs. BYD: Which Stock Has the Edge Right Now?
- Negative Sentiment: Supply‑chain friction: Tesla and Australia’s Syrah Resources extended a deadline in a graphite‑offtake dispute, a reminder of raw‑material execution risks for battery supply. Australia’s Syrah Resources buys more time for Tesla graphite supply deal
- Negative Sentiment: Coverage noting Tesla’s recent sales softness and the company’s need to prove robotaxi execution in 2026 adds downside risk to expectations already priced into the stock. Tesla Is Struggling — The Global EV Market Isn’t
Insider Buying and Selling
In related news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 119,457 shares of company stock worth $53,501,145 in the last 90 days. 19.90% of the stock is owned by corporate insiders.
About Tesla
Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.
Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.
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